Friday, December 28, 2018

Golden-Nugget Shares - Business, CRE, Tech, Blockchain and AI - December 17-28

Also publish on LinkedIn and our GoogleGroup InfoPortal


BUSINESS, COMMERCIAL REAL ESTATE and TECH GOLDEN NUGGETS

We use a powerful method of sharing - post “Golden Nuggets of Information” on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly.* 

Commercial Real Estate, Technology, Blockchain and AI

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Kirk Borne.  COLD-START PROBLEM. "How does #DataScience #Model-building get started towards the optimal solution? Make a guess! Then work towards increasing performance using an #ObjectiveFunction - cost or benefit - a measure of model performance. Make incremental adjustments, correcting towards the better perfomance." (#Technology #AI #MachineLearning #DeepLearning #Analysis #Business #Research #Expansion; heavily edited; examples follow - Lnkd.in/ejxfmHf via Lnkd.in/eNx2ZRW):
  • "#CLUSTERING ANALYSIS (such as K-Means Clustering), where the initial cluster means and counts are not known in advance (thus initialized randomly), but the compactness of the clusters can be used to evaluate, iterate and improve the set of clusters in a progression to the final optimum set of clusters."  Lnkd.in/eCJYtYh
  • "#NEURAL NETWORKS, where the initial weights on the network edges are assigned randomly (a cold-start), but #backpropagation is used to iterate the model to the optimal network (with highest classification performance)."   Lnkd.in/eMD5Z5K 
  • "#TENSORFLOW #DeepLearning, which uses the same #backpropagation technique of simpler #neural networks, but the calculation of the weight adjustments is made across a very high-dimensional parameter space of deep network layers and edge weights using tensors."   Lnkd.in/emczzCX
  • "#REGRESSION, which uses the sum of the squares of the deviations of the points from the model curve in order to find the best-fit curve. Linear regression is well defined.  Non-linear regression is not typically a closed-form set of mathematical equations [and requires a guess at its form], but the minimization of the sum of the squares of deviations still applies."  Lnkd.in/ebPkKYu
  • "#NONCONVEX OPTIMIZATION, where the objective function has many hills and valleys, so that gradient descent and hill-climbing will typically converge only to a local optimum, not to the global optimum. There are techniques to generate lots of random (cold-start) models and then iterate each of them until you find the global optimum.  See his graphic and note on genetic algorithms - these are not machine learning algorithms specifically, but they are actually meta-learning algorithms."  Lnkd.in/egtySGW
  • "NAIVE #BAYES CLASSIFICATION, which applies Bayes probability theorem to a large data set for which some combinations of attributes and features are not represented in the training data - a cold-start challenge.  Assuming different attributes are mutually independent, then one can estimate the posterior likelihood for what the class label should be for a new data item with a feature vector (set of attributes) that is not found in the training data."  Lnkd.in/eR6Sx-R 
  • "SOCIAL NETWORK (link) ANALYSIS, where the patterns in the network - centrality, reach, degrees of separation, density, cliques, etc - encode knowledge about the network, such as the most authoritative or influential nodes in the network.  Applies algorithms like PageRank, without any prior knowledge about those patterns - a cold-start."  Also see #kNN, #MARKOV MODELING and ASSOCIATION RULE MINING.   Lnkd.in/ewWTPG2
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Hassan Syed noted Guardian News & Media:  BLOCKCHAIN - SO MUCH BIGGER than BITCOIN - "may just change the way we run our lives, since BC allows the authentication of transactions without them needing to be administered or guaranteed by a central authority (#Technology #Analysis #Business #Data #Research #Investment #Startup; edited -Lnkd.in/evvccMa):
  • VOTING. Ballot boxes and current online voting platforms are vulnerable to manipulation; now a startup called Follow My Vote is developing a blockchain-based system to ensure #security, #transparency and mathematically accurate election #results." Lnkd.in/ehbjukh
  • "#POWER GENERATION.  BC enables homeowners to sell back energy to the grid bypassing the energy provider, or manage their own, independent microgrids. The BC allows them to set their own price, without an price-setting, commission-taking intermediary."  Lnkd.in/em8K2_s
  • "#MUSIC #STREAMING.  Prepare to have your listening habits disrupted by BC-based music streaming services, without a service such as Apple Music or Spotify taking a cut.  A BC system called Voise is enabling artists to set a price of which they receive 100% of user-streamed music." Lnkd.in/em8K2_s
  • "#HEALTHCARE.  Medical records are often scattered between GPs, clinics and labs. A BC-based health record could be read and updated from multiple locations or services and would contain the adders' IDs. The patient can choose whom to share it with. Example - MIT's MedRec."  It will take strong effort and "an Act of Congress" to be approved within #HIPPA law." Lnkd.in/eE-FgZu
  • #AID.  In 2012, the UN estimated that 30% of development aid was lost to corruption; they have BC-based projects looking to solve issues in delivering aid.  In a food programme pilot project, refugees made purchases at the camp supermarket, authenticated by iris scans, and their spending deducted from their #Crypto allowance, cutting transaction fees and the frequency of fraud and theft."  Hopefully, the original food distribution will be tracked by BC to make this work well.  Lnkd.in/eE-FgZu
John Carpenter noted Hyperledger. "#HYPERLEDGER URSA is a modular, flexible #blockchain #cryptography #library to make it much safer and easier for our #DistributedLedger projects to use existing, time tested, and trusted cryptographic libraries but also new cryptographic library implementations. It is much better to collaborate on a shared library for many reasons, including: avoiding duplication, security, expert review, cross-platform interoperability, modularity and new project launches." (#Technology #AI #Business #Data #Research #Expansion #Investment #SmallBusiness #Startup; edited - Lnkd.in/ekwdJ9H via Lnkd.in/eBFHugG):
  • "AVOIDING DUPLICATION. #Crypto implementations are notoriously difficult to get correct and often require much work to achieve a high level of #security. The library allows projects to share crypto implementations, avoiding unnecessary duplication and extra work." Lnkd.in/eY-rdHr
  • "SECURITY. Having most of the crypto #code in a single location substantially simplifies the security #analysis of the crypto portion of #Hyperledger. This means maintenance is easier and more efficient. The presence of easy-to-use, secure crypto implementations might also make it less likely for less-experienced people to create less-secure implementations." Lnkd.in/eY-rdHr
  • "Expert REVIEW. The ability to enforce expert review of all #cryptographic #code should increase #security as well. Having all of our cyptographic code in a single location makes it easier to concentrate all of the cryptographic expertise in the project and ensures that code will be well reviewed, thus decreasing the likelihood of dangerous security bugs. Lnkd.in/eTiPQkA
  • "Cross-Platform #INTEROPERABILITY. If two projects use the same crypto libraries, it simplifies cross-platform interoperability, since cryptographic verification involves the same protocols on both sides." Lnkd.in/eTiPQkA
  • "#MODULARITY. This could be the first common component/module and a step towards modular #DistributedLedger platforms, which share common components. This modularity brings in terms of actual functionality, a successful #crypto library encourages and pushes forward more modular activities. Lnkd.in/ewjhKnr
  • "NEW PROJECT LAUNCHES. It is easier for new projects to get off the ground if they have easy access to well-implemented, modular cryptographic abstractions." Lnkd.in/ewjhKnr

  • FUTURE PLANS: "Focused on a shared modular-#signature #library, but exact implementations and APIs have not been finalized. Beyond that, they expect other wrappings and modular code to go in this library: use aggregate signatures, #hash #algorithms, selecting vetted implementations and providing a common #interface." Lnkd.in/eBi6wWu


Pedro Uria-Recio. MISTAKES CORPORATES MAKE IN THEIR ADVANCED #ANALYTICS PROGRAMS (#Technology #Analysis #Business #Data #Research #Expansion #Startup; edited; previous post Lnkd.in/es7WjvWLnkd.in/e78WPx3):
  • "#STRATEGY:  Day-dreaming that analytics is a plug & play magic wand that will bring very short-term #ROI • Solving problems that are not really worth solving • Relying solely on vendors or consultants for analytics, especially on model creation • Not developing a fully comprehensive list of priorities • Saying yes to random requests • Assuming that abstinence from external data monetization or from cloud is the solution to data privacy and security."  Lnkd.in/eVykAUu
  • "PEOPLE. Organizing analytics under functions which do not drive the business on a daily basis • Letting multiple analytics teams flourish with organizational silos among them • Attracting talent only through base compensation • Hiring a bunch of PhDs who strive to develop highly nuanced models instead of directionally correct rough-and-ready solutions • Hiring a technical or non-technical Chief Data Analytics Officer - needs to be both • Not bringing domain experts and internal business consultants to the analytics teams • Neglecting the creation of a data-driven culture through active coaching across the whole organizations • Not being objective enough and remaining biased to the status quo or leadership thinking."  Lnkd.in/egwysYT 
  • "EXECUTION:  Not embedding analytics in the operating models and day-to-day workflows • Not collocating data scientists with the business teams they support • Managing analytics projects in waterfall • Not being able to scale analytics pilots up • Neglecting data governance as a fundamental enabler."   Lnkd.in/egHZD-t
  • "#TECHNOLOGY:  Trying to create data science models without refining your data engineering infrastructure • Not using any of the following basic technologies • Having technological siloes among data repositories which makes it difficult to integrate different kinds of data into a model • Not automating analytics through A.I., which can be an extremely smart assistant to data scientists."  Lnkd.in/eFxx8F5
  • "#FINANCE:  Not allocating enough budget • Not measuring the ROI."  Lnkd.in/eFxx8F5

Commercial Real Estate and Business

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Don Catalano. TOP DEAL BREAKERS for #CRE TENANTS (#Analysis #Business #Data #Research #Expansion #Investment #Startup; edited - Lnkd.in/em_g_Ky):
  • "EXCESSIVELY LONG #TERMS. Having tenants committed for years at a time means not having to go through the hassles and expenses of filling vacant spaces. But for the tenant, who may find that business needs remaining unchanged over the years, it's more likely that what's best tomorrow won't be the same as what's ideal today."  Lnkd.in/eF3Ax-m
  • "EXCESSIVE / UNCLEAR #FEES, which are a common part of CRE leases, so examine them closely:  What's the going rate for a particular fee in the local market • What are the fees for, when assessed, how much and when due • If you can't pin them down in clear language added to the contract, look elsewhere."  Lnkd.in/e6wRrBs 
  • "#FORFEITURE OF RIGHTS.  You should be able to move into a commercial space in good faith, believing the contract terms.  But ... there are unscrupulous landlords and unforeseeable circumstances after you move in.  If a disaster happens, you need an out, so NEVER waive your legal rights to take any type of action against your landlord."  Lnkd.in/ehJYzQP
  • "UNWILLINGNESS to PUT THINGS in WRITING.  Put promises in writing - verbal agreements are not enforceable in a court of law - if landlord refuses, restart your search.  Adding a new clause, inserting a sentence or rewording an aspect of a contract only takes a few minutes.  Lnkd.in/emzEegN
  • "UNFAVORABLE RENEWAL TERMS.  Always get a right to renew your property at the end of the lease.  You should have a chance to say whether or not you wish to remain in your space but not be obligated to remain in a place that no longer works for you."   Lnkd.in/emzEegN

Much more from earlier and originals at our LinkedIn Posts

Please email the links to your related articles to Articles@ProsperSystems.biz - especially the following headline, the subject of our deepening research.  We'll share them as Golden Nuggets for our followers, and notify you when we do, so you can re-share and re-mind your followers of your content. 

LinkedIn • LinkedIn Company Page • Twitter
USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)

NOTE:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS
_______
*GOLDEN NUGGETS OF INFORMATION are: 
  • Quickly consumedmemorable and powerful
  • Linked to the source for much-deeper information
  • Edited and summared showing understanding and thought leadership
  • Mainly shared content from professionals in Commercial Real Estate, Business Consulting, and Thought and Executive Leadership
  • Shared on:  LinkedIn (company)LinkedIn (personal)Twitter (automatically from LinkedIn), then highlighted on our Blog (weekly), The News Funnel (weekly), as a LinkedIn article (weekly) and our GoogleGroup InfoPortal (weekly/semi-monthly)
  • Posted originally at LinkedIn.ProsperSystems.biz.
Of those who we've shared, the savvy ones Like or Comment on these "Golden Nuggets" as additional exposure, as well as serve the community and remind their followers of their wisdom.

Friday, December 14, 2018

Golden-Nugget Shares - Business, CRE, Tech, Blockchain and AI - December 3-14

Also publish on LinkedIn and our GoogleGroup InfoPortal


BUSINESS, COMMERCIAL REAL ESTATE and TECH GOLDEN NUGGETS

We use a powerful method of sharing - post “Golden Nuggets of Information” on Social Media multiple times daily or in regular emails (every 5-15 days).  We’ve been sharing the essence of articles and a few powerful comments regularly.* 

Commercial Real Estate, Technology, Blockchain and AI

Hassan Syed. TOP #BLOCKCHAIN IDEAS - #CRYPTOCURRENCIES NOT INCLUDED.  #Analysis #Business #Research #Investment #SmallBusiness #Startup; edited- Lnkd.in/ejvVCmA):
  • "This love/hate relationship with cryptocurrencies is taking  the attention away from what a technology like Blockchain can do to transform our world.  Here are six ideas on how to use blockchain other than the cryptocurrencies:  Public #Voting, Private #Data Bank, Shareholders Voting, Private #Digital #Storage, Corporate Digital Storage, #Government Records."
  • "DIGITAL IDENTITY. Blockchain can help in creating an independent identity that is owned by me and I can safely use it anywhere, WITHOUT giving away my personal information.  Ideas related to blockchain-based digital identity:
  • "#PublicVoting –  digitally, securely, validating every vote cast.
  • "#PrivateDataBank – full control over access to YOUR data, and easier, safer transfer medical records [school transcripts, bank statements, tax returns, etc].
  • "#ShareholderVoting – engaging shareholders in the strategic direction of a company, and allowing maximum participation."
  • "#DISTRIBUTEDSTORAGE.  If all your digital media and files were securely stored in millions of fragments, with multiple copies of each fragment, and you were able to access them from any device, without anybody being able to peek into your data. That is blockchain based distributed storage:
  • "#PrivateDigitalStorage – Ffiles are divided into small encrypted pieces and stored in a pool of millions of computers, with multiple copies of each piece stored on a different machine.
  • "#CorporateDigitalStorage – Blockchain can expedite the departure of corporate storage from internal #DataCenters to the cloud with flexibility, security and redundancy at a low cost.
  • "#GovernmentRecords – Births, deaths, marriages, deeds, decisions, proceedings, and so much other government data stored and accessible on demand." 
Dustin Goodwin noted Philip Gross BLOCKCHAIN and
hashtagTOKENIZED ASSETS to TRANSFORM #ACCOUNTING (#Technology #Analysis #Business; edited - Lnkd.in/etD-mnq):
  • "Tokenization of assets yields completely auditable and transparent accounting systems but reduces manual entry. LIKE STARS IN THE MILKY WAY, the billions of global, daily transactions can be tokenized (turned into a star), recorded in a public ledger with unchangeable property rights (added to the Milky Way), and embedded with the open international standard for digital business reporting (XBRL) codes. Encription protects your data."
  • "#XBRL is a reporting language that allows traceability of financial transactions.  According to XBRL.org, it 'provides a language in which reporting terms can be authoritatively defined, which can be used to uniquely represent the contents of financial statements or other kinds of compliance, performance and business reports.  XBRL lets reporting information move between organizations rapidly, accurately and digitally.'  XBRL allows every exchange to be embedded with a unique code which contains embedded information of what it is, where it came from, when it was traded, and so on."
  • "Blockchain tech is exploding - writings[, groups, startups] and create implementations.   This general ledger system [often called a #Distributed or #Digital #Ledger] ensures all data on the blockchain has been verified, providing a completely traceable, auditable system.  Verification ensures each transaction is a non-duplicative exchange.  Exchanges contain XBRL coding and have secure data encryption."
  • #ZeroDataEntry.  "We’ve already seen development towards this:  XBRL US and ConsenSys recently announced a partnership to explore the ability to tokenize assets, such as triple-entry accounting called Balanc3 built on top of a blockchain.  Blockchain goes beyond accounting using consensus to verify transactions.  Eventually, bank feeds and manual reconciliations will be a thing of the past.  Tokenization of assets would bring value to small and mid-size business accounting systems, giving full access to reporting on KPIs, projections into the future and real-time data." hashtag
Kirk Borne.  "FACILITATE PROACTIVE #CYBERSECURITY OPERATIONS with #BigData #Analytics, #MachineLearning, #AI and their applications companion, #MachineIntelligence - these are the soul of the digital revolution, but probably no more essential anywhere else than in cybersecurity operations.  The quantity and complexity of digital network information has skyrocketed in recent years.  To be effective, our cybersecurity applications must proceed proactively from sensors (data collectors) to signals (big data) to sentinels (pattern detection and recognition, including the identification of early warnings and creation of alerts, through the algorithms of AI and machine learning) to sense-making (insights and action, through machine intelligence)."  #Blockchain  #Analysis #Business #DataScience  #Research #Startup (edited) Lnkd.in/eFebpXW

Andy Fitze noted the tweet to the article to an ASSOCHAM/PwC report, "ARTIFICIAL INTELLIGENCE and ROBOTICS – 2017."  Takeaway:  "#AI-based applications, from intelligent smartphone keyboards to voice-activated assistants, have become far more intelligent than were or are perceived to be. Be it #financial services, #healthcare, #education, or even #security and #governance, AI-based automation can be exploited for the benefit of citizens and [a] country, impacting almost every sector of the economy." -D S Rawat, Secretary General, ASSOCHAM India #Technology #Analysis #Business (edited) Lnkd.in/dMVwcdd

Paul Foley noted Colorado Governor-Elect Polis's #BLOCKCHAIN plans with statement: "My goal is to establish Colorado as a national hub for blockchain innovation in business and government. I believe strong leadership will put Colorado at the forefront of innovation in this sector – encouraging companies to flock to the state and establishing government applications that save taxpayers money and create value for Colorado residents." Lnkd.in/eZJZWAV


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Commercial Real Estate and Business

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Don Catalano. "#DRONES are IMPACTING #CRE (#Technology #AI #Business #Research #DIY #Expansion #Investment #Startup (edited; details next week) Lnkd.in/ekpCi-V):
  • It's hard to miss them in the news, and seeing them hanging over your neighbor's compound wouldn't catch you by surprise. These remote-controlled couriers and cameras have had a major impact on many industries, including commercial real estate. If you are a landlord, real estate marketer or a commercial tenant, you need to familiarize yourself with drone technology and its impact on CRE: preparation, #marketing, #inspection and #mapping."
  • "PREPARATION - know that:  for #commercial purposes they have to abide by the rules and regulations set by the Federal Aviation Administration (#FAA); those weighing 0.55 - 55 pounds must be registered (free or inexpensive); they're then marked with a unique registration number; as an unmanned aircraft system (#UAS), technology evolves so the FAA is bound to revise its rules."
  • "MARKETING PROPERTIES. Drones take aerial images and videos that provide fantastic views of existing properties as well as those yet to be constructed. Aerial videography / photography give CRE marketers / agents an opportunity to showcase their listings in a powerful and unique way, and is highly flexible and affordable. Also, purchasers and tenants get a clearer view [with drones, videography, interactive video or 360-photography] without visiting the property in person [- sell to anyone, anywhere!]"
  • "INSPECTIONS easy with 'virtual eyes in the sky;' drones help property owners, real estate developers and commercial tenants to inspect all corners of the property, including hard to reach areas like the roof and crawl space areas. Going beyond 'normal' inspections, drones can help unearth potentially hazardous elements such as gas leaks, preventing disasters and can eliminate the cost of hiring professional inspectors."
  • "MAPPING. "Drones can provide an extraordinary view of a property's surrounding environments, collecting data for surveys and guides, including the property’s proximity to amenities. This helps commercial tenants inspect a building, and how the space relates to its immediate and nearby environments." Drones can efficiently video/photo inside buildings - office to warehouse - to get a unique perspective on space, layout and design.

Much more from earlier and originals at our LinkedIn Posts

Please email the links to your related articles to Articles@ProsperSystems.biz - especially the following headline, the subject of our deepening research.  We'll share them as Golden Nuggets for our followers, and notify you when we do, so you can re-share and re-mind your followers of your content. 

LinkedIn • LinkedIn Company Page • Google+ • Twitter • Facebook
USA 302KentonJ (GoogleVoice 302-536-8665 to mobile and Hangouts)

NOTE:  We do ANALYSIS of Real Estate LEASEES, PROPERTIES, BUSINESSES and STARTUPS
_______
*GOLDEN NUGGETS OF INFORMATION are: 
  • Quickly consumedmemorable and powerful
  • Linked to the source for much-deeper information
  • Edited and summared showing understanding and thought leadership
  • Mainly shared content from professionals in Commercial Real Estate, Business Consulting, and Thought and Executive Leadership
  • Shared on:  LinkedIn (company)LinkedIn (personal)Twitter (automatically from LinkedIn), then highlighted on our Blog (weekly), The News Funnel (weekly), as a LinkedIn article (weekly) and our GoogleGroup InfoPortal (weekly/semi-monthly)
  • Posted originally at LinkedIn.ProsperSystems.biz.
Of those who we've shared, the savvy ones Like or Comment on these "Golden Nuggets" as additional exposure, as well as serve the community and remind their followers of their wisdom.